Monday, April 06, 2015

Economy

MLB tickets jump most in six years.

The private sector has reduced the cost of launching a small satellite to less than $30 grand.

Subprime lending driving car sales.
"It doesn’t take a leap of logic to determine the reason for the trend towards subprime (via Goldman): “We attribute the ongoing strength in subprime to (1) pent-up demand by subprime borrowers as lenders pulled back significantly from subprime auto lending during the recession and 1-2 years afterwards, and (2) the low interest rate environment, which has made subprime loans more attractive for investors chasing yield.”"
I wonder how that will end.

Two-decade old stock bubble about to burst.

Christian economics in one lesson.

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